PEBB received about $3.6 million in June as reimbursement for some high-cost claims for PEBB retirees. The Board will use the funds to help stabilize premiums.
The money comes from the Early Retiree Reinsurance Program. ERRP reimburses up to 85 percent of recent claims between $15,000 and $90,000 for retirees in group health plans that qualify.
ERRP will end when it has paid out $5 billion. As of May 27, it had paid out $2.7 billion.